5 Companies Confirmed their Offers for Belene NPP
All 5 companies from the shortlist of approved strategic investors for Belene NPP have confirmed their offers.
Russian Energy Minister, Sergei Shmatko, has revealed that Russia and Bulgaria have agreed to start the construction of the Belene nuclear power plant in Spring 2010.
Shmatko, cited by Russian news agency ITAR-TASS, also said that Bulgaria would be presenting a model of financing its share of the Burgas-Alexandroupolis after the current environmental impact assessment.
On Friday it was revealed that Russia is going to grant Bulgaria a loan for the construction of the Belene NPP, after Bulgaria’s Minister of Economy, Energy, and Tourism, Traicho Traikov, met with Shmatko and the CEO of the Russian state company Rosatom in Sofia over the Bulgarian request for a EUR 2 B loan from Rosatom for the construction of the Plant.
Earlier, on Wednesday, the Bulgarian government confirmed its position that it cannot make a final decision on whether the country would go ahead with the Russian sponsored Burgas-Alexandroupolis oil pipeline until there is an environmental assessment ready.
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In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022